Should Bitcoin Be Illegal?

This is the hole that Bitcoin attempts to fill. Instead of relying on some higher authority the Bitcoin market depends on cold, hard math—an algorithm fueled by a decentralized network and open-sourced code that is always available for public viewing. Theoretically, were the US economy to suddenly come crashing down (be it because of bank bailouts, derivative trading, or war), the Bitcoin could continue on nearly unencumbered. In other words, Bitcoin could be a potential buffer against a total global financial system collapse. That is, if it's not busy crashing for its own reasons. Nothing is perfect, but being separate can be good.